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Dec 27, 2012
12/12
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meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards
meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of...
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Dec 28, 2012
12/12
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i'm being told right now that secretary tim geithner has also joined the meeting and vice president biden is also there as well. we have a whole committee gathering at the white house. >> heavyweights. >> these are the most actively traded stocks at the new york stock exchange right now. stay with us. back in a minute. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much
i'm being told right now that secretary tim geithner has also joined the meeting and vice president biden is also there as well. we have a whole committee gathering at the white house. >> heavyweights. >> these are the most actively traded stocks at the new york stock exchange right now. stay with us. back in a minute. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when...
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Dec 29, 2012
12/12
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here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester
here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the...
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Jan 1, 2013
01/13
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vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise. i'm hopeful this congress will, as one of its last acts, act not only on this compromise, but i'm also very hopeful and would expect that we would provide the emergency assistance needed for the victims of sandy. one of the country's worst storms in history that damaged the northeast so badly. so, i'm hopeful we will be able to move on both of these issues and that we will have members on both sides who perhaps will not agree,
vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach...
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Dec 31, 2012
12/12
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these are talks between biden and mcconnell. what they agreed to is 39%, 39.6, rather, of individuals over $400,000 in income. married couples above $450,000. estate tax to 40% for estates over $5 million p.m. and rise in dividend rates. can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to gum up the works. but there is the way the to and fro negotiation of president obama making sure his own troops are in line if he makes a deal. >> absolutely. talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market
these are talks between biden and mcconnell. what they agreed to is 39%, 39.6, rather, of individuals over $400,000 in income. married couples above $450,000. estate tax to 40% for estates over $5 million p.m. and rise in dividend rates. can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in...
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Dec 31, 2012
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that's why the negotiations went to biden. they're going to bring a lot of pressure to bear tonight on democrats to get on board with this and not run out the clock until tomorrow. because the white house wants a deal. they want to make sure there's not a hit to the economy and to markets. so, i think there's enough pressure from the white house and enough democrats who do want a deal that you could get one but there are those democrats who are not sure. >> futures are up right now, extending the gains from today's session. people want to know, you know, tomorrow, will we have a deal, whether it go through both the senate and the house and pass? >> i think it will. i think ultimately we will get a deal. it may be tonight. if it's not, i think it's probably tomorrow or the next day and we get the deal around where it is right now. sequester thing is a big problem. republicans want some spending cuts if they're going to raise taxes and right now, they don't think they have them. >> ben white, braving times square, in lockdown mo
that's why the negotiations went to biden. they're going to bring a lot of pressure to bear tonight on democrats to get on board with this and not run out the clock until tomorrow. because the white house wants a deal. they want to make sure there's not a hit to the economy and to markets. so, i think there's enough pressure from the white house and enough democrats who do want a deal that you could get one but there are those democrats who are not sure. >> futures are up right now,...
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Dec 31, 2012
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have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so many small businesses and farms and ranches and job creators. so the democrats are divided. we're going to meet at 4:30 to go over the specifics of the agreement to see if it's something that we will vote for. >> how are you on the republican side? are you divided on this tax issue they've agreed apparently to an income tax increase to 39.6% on individuals making $400,000 and $450,000 for couples. >> we're united in wanting to make sure any increase in tax revenue specifically goes to dealing with the debt and the deficit and is not used on additional programs. i mean, the president seems to underpl
have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so...
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Dec 31, 2012
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biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john talked about, about some optimism last night, see some snippets of it in some of the news coverage overnight, is essentially some deal to increase taxes, to put off sequestration cuts, and to add some additional spending in the form of extending unemployment benefits. so you're talking about bringing to the house floor a bill to raise taxes, and increase spending, and put up -- >> they say forget about it with boehner. >> i just don't see it in this context. and you know, if people aren't -- >> -- thought that we would -- >> we've been saying this for awhile. >> and i also want to
biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john...
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Dec 28, 2012
12/12
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cnbc contributor and former chief economist to vice president biden. we've been talking to you for weeks and weeks on end about the same topic, do you have something new, something different, to tell us about what could possibly, possibly happen over the weekend? >> well i thought it was kind of cool and new that you decided to have me in here to talk about something different than the fiscal cliff. the kind of things eamon was just talking about. so i'm ready to make some of my own calls. >> we'll take that, but -- i just need you on the cliff for a second. >> sure, no i understand. you need me on the cliff. for a long time -- for a long time i've been saying it's really questionable, a real linchpin here is whether john boehner can bring his troops along. i think we have pretty strong evidence of that a real tough one for him. at this point, unless he's willing to say, i'll allow a vote to get over the transom with majority democrats then it looks to me like we're going over the cliff and i don't think he's willing to do that before the end of the ye
cnbc contributor and former chief economist to vice president biden. we've been talking to you for weeks and weeks on end about the same topic, do you have something new, something different, to tell us about what could possibly, possibly happen over the weekend? >> well i thought it was kind of cool and new that you decided to have me in here to talk about something different than the fiscal cliff. the kind of things eamon was just talking about. so i'm ready to make some of my own...
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Jan 1, 2013
01/13
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on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train wreck at this point. nancy pelosi says the bill representing gigantic progress, that's fine, but this is really on republicans right now. and people are looking at it, i'm already hearing people looking at what house republicans are doing and saying, look, you abdicated your responsibility to write a bill. you punted over to the senate, and now you're going to throw a monkey wrench into this whole thing and make us come back perhaps in a new congress with a clean legislative slate. so it is a very dangerous not only economic situation here that we'
on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train...
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Dec 31, 2012
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we don't have a deal yet where we are looking at the contours of an agreement between vice president biden and senate minority leader mitch mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic budget cuts called sequester. as amman referred to, dekrats want at least one year for that to be turned off. initially asking for two years. republicans say, no, we will come up with cuts to offset that for 60 to 90 days. that's where things are going. the problem is you can't consider any one part of the agreement done until they are all done because there's an inner play on cap gains and dividends by the way, looking at going from 15% on both which is current policy to 20% on both. not the higher rate called for undercurrent law of 39.6% for dividends. 20% for both. this is something that both side
we don't have a deal yet where we are looking at the contours of an agreement between vice president biden and senate minority leader mitch mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic...
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Dec 31, 2012
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and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that. john harwood in washington. lawmakers, as john say, continue talks this morning as we inch closer to the cliff itself. what role is the no-tax pledge playing in the negotiations. founder of americans for tax reform joins us this morning not too far from where john is sitting. grover, good morning. >> good morning. good to be with you. >> you've been quoted as saying that rates will not increase. that kind of flies in the face with what john just told us. what's true? >> well, two things. earlier, my point was that as long as these negotiations were conducted with c-span cameras there, and
and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that....
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Dec 26, 2012
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when he needed to decide what to do with his economy and where to go with tax policy, he didn't ask biden, he asked bush and exte extended the bush tax cuts, exactly where we are today. all he wants to do is not extend them for anybody making over $250,000. if you make over 2$250,000, the first $250,000 would be taxed at the original rate. i want to talk economics. what this is to many republicans is spending cuts. not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will be. in 12 months from now, we'll be right back it an again. whatever happens over the next three weeks will be part of some campaign 12 months from now. >> i would rather worry about principle than politics
when he needed to decide what to do with his economy and where to go with tax policy, he didn't ask biden, he asked bush and exte extended the bush tax cuts, exactly where we are today. all he wants to do is not extend them for anybody making over $250,000. if you make over 2$250,000, the first $250,000 would be taxed at the original rate. i want to talk economics. what this is to many republicans is spending cuts. not about the election. the election is over. it's about spending cuts, really...
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Jan 1, 2013
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in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase on 98% of americans that's in this deal. we made sure that we pushed off a really significant slashing of defense spending as well as domestic spending and we'll make sure going forward that whatever deal we do reach on those spending cuts is balanced when it comes to both revenue and spending cuts. and that's the overall -- overriding commitment here is we have a balanced plan in front of us and we'll need to -- any further deals made in the future continue to have a balanced plan. >> there are some in your party who don't like this plan. senator
in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase...
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Jan 1, 2013
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vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i don't know what the conference will do. i think essentially the speaker said let the senate do it. now it's back. so i don't really know. but i do think the bill will come up today. the notion there will be amendment, i just don't think that's feasible. i think everybody should plan that after due deliberation the republicans that we're likely to have a vote today. the markets aren't open today. they will be tomorrow. i don't think we should go over the cliff for 24 hours. >> dangling is no fun. thank you for being with us. i sure hope you're hard
vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i...
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Dec 30, 2012
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you have worked with vice president biden. as you know, he's been called on by mitch mcconnell to help with these last-minute talks. what do you think his role is now with so little time left? >> well, the vice president goes way back with senator mcconnell, and i've been in the room when they have talked, and it doesn't sound like two partisans separated by deep ideology. it sounds like guys who know how to bang out a deal. that said, if that were up to them perhaps they could get somewhere, but there are so many other forces swirling around this right now. i'm kind of in the same camp as kristen and the other political analysts we just heard from. if we are starting to hear things getting further apart rather than closer apart at this late date, i don't know that a decades old friendship between a couple of senators -- former senator and current one are going to make that much difference at this point. >> paul, let me play for you what senator lindsey graham said this morning on "fox news sunday" about the chances of a small
you have worked with vice president biden. as you know, he's been called on by mitch mcconnell to help with these last-minute talks. what do you think his role is now with so little time left? >> well, the vice president goes way back with senator mcconnell, and i've been in the room when they have talked, and it doesn't sound like two partisans separated by deep ideology. it sounds like guys who know how to bang out a deal. that said, if that were up to them perhaps they could get...
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even vice president biden might come over if they're close to a deal. more narrow issues are still dividing them. they've maid a lot of progress. they're just not there yet. milissa? >> i'm glad you just described that to us all about the mood in the senate tonight. correct me if i'm wrong, it almost sounds hopeful there. >> is a sense it's worth staying here and they're looking at these details. at the same time people are tired there are some frustrations there is a sense they could have gotten this done sooner. you hear that plenty. but those who have been at the table and looking at this do see compromise that has happened on both sides. you have republicans and democrats who made big compromises on taxes. the president moving up from his $250,000 threshold to 400 and 450 for individuals and couples. and republicans who wanted to see no tax increases for any level did agree, at least at this stage, that they would support tax increases. i say at this stage because this agreement should it happen then has to be voted on of course by the full senate a
even vice president biden might come over if they're close to a deal. more narrow issues are still dividing them. they've maid a lot of progress. they're just not there yet. milissa? >> i'm glad you just described that to us all about the mood in the senate tonight. correct me if i'm wrong, it almost sounds hopeful there. >> is a sense it's worth staying here and they're looking at these details. at the same time people are tired there are some frustrations there is a sense they...
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Dec 24, 2012
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i think joe biden is aaron p that knows the senators. perhaps when he would sit down with two of them, and we've got to bring speaker boehner and eric cantor into the mix to see what they can put together on the house side. because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were not looking at this practically? >>> i agree with them. however, we're at a point where we will not get what we think is right for our economic and country, because we don't control government. so we've got to work within the system we have. i think 250,000 as a threshold is way too low. we can't do that to people who have a lot of expenses. we need to up that amount that president obama wants to raise taxes on. >> he was putting it at 400,000 senator, i want to move to the issue of guns. we heard what ray lapierre said earlier. he was singling out one of y
i think joe biden is aaron p that knows the senators. perhaps when he would sit down with two of them, and we've got to bring speaker boehner and eric cantor into the mix to see what they can put together on the house side. because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were...
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Dec 30, 2012
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. -- joe biden. even if he runs in 2016 for the presidency. >> named the head of the whole gun thing. >> i'm telling you -- this position. >> we'll have to wait. >> his political style is seen unfortunately for him as too aseckic for broad appeal. maybe you should talk to his wife about running for president. his wife is terrific. >> he may or may not run for president, john. but a lot of people love joe biden. he's an authentic voice and democrats in particular love him. maybe you got a problem -- >> we're talking about his wife as a candidate. >> jill? >> why not? >> because she's shown no political ambition. she teaches at a community college and she has a fine career. >> okay. best political theater of 2012. pat? >> i hate to say it but i think the democratic convention in charlotte. it was a real bell winger of a convention, very entertaining. >> eleanor? >> i second that and i loved clint eastwood interviewing the empty chair. that was classic. >> you really thought he had it all together. >> e
. -- joe biden. even if he runs in 2016 for the presidency. >> named the head of the whole gun thing. >> i'm telling you -- this position. >> we'll have to wait. >> his political style is seen unfortunately for him as too aseckic for broad appeal. maybe you should talk to his wife about running for president. his wife is terrific. >> he may or may not run for president, john. but a lot of people love joe biden. he's an authentic voice and democrats in particular...
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. >> one story is that much mcconnell had gone to speak with vice president biden. what can you tell us? guest: the republican leader calls joe biden off the bench. it is what we had been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw that in the debt ceiling debate. they swooped in at the and down the made the deal happen. -- at the end and made it happen. it was an interesting move by mitch mcconnell to call joe biden today and try to jump- start these negotiations when they locked up with the majority leader on the democratic side. i think that will be something to watch here in the coming hours. how will it play? there are many concern that maybe you will cut a bad deal. will joe biden come in to embolden the republicans or will the democrats altogether across pennsylvania avenue? a big story line we are all watching now very closely. >> we hear senator reed wants to bring them back at 11. is it likely they will have some kind of deal or counteroffer in hand when the gavel back in? guest: i wish i could
. >> one story is that much mcconnell had gone to speak with vice president biden. what can you tell us? guest: the republican leader calls joe biden off the bench. it is what we had been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw that in the debt ceiling debate. they swooped in at the and down the made the deal happen. -- at the end and made it happen. it was an interesting move by mitch mcconnell to call joe biden today and...
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. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to fo
. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of...
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certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus battles and republicans in congress and really had them in a corner, had them boxed in really well. however, some of his supporters, you already hear them expressing a great deal of dismay.
certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus battles and republicans in congress and really had them in a corner, had them boxed in really well. however, some of his supporters, you...
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vice president joe biden asked to come to a compromise. the definition of compromise has elements in it each party does not like. but by definition, that has things in it each party should like. the speaker said if the senate passed a bill he would put it on the floor for a vote. leader has pointed out we expect that to happen. we think that is the best interest of the american people. we hope our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise read i am hopeful this congress wil will as one os last acts acts not only on this compromise, but also very hopeful and would expect we would provide the emergency assistance needed for the victims of sandy. one of the countries worst storms in history that damaged the northeast so badly, i'm hopeful we can move on both of these issues and that we will have members on both sides who perhaps will not agree, but hopefully we will have members on both si
vice president joe biden asked to come to a compromise. the definition of compromise has elements in it each party does not like. but by definition, that has things in it each party should like. the speaker said if the senate passed a bill he would put it on the floor for a vote. leader has pointed out we expect that to happen. we think that is the best interest of the american people. we hope our colleagues on the other side of the aisle can reach compromise. our members are reviewing the...
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Dec 24, 2012
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the joe biden thing, we underestimate him. he's a sitting vice president. >> vice president of the united states. >> vice president of the united states. >> a secret weapon out there. >> it's a weird thing. >> he is very good on the -- people -- he gets caricatured. if you watch him in -- on the stump, he's very good at connecting. >> look. >> he is. he does make mistakes. >> you loved him. >> i disagree. >> you love to mock him. you think he's a joke and done? >> i think he's been built in to the obama organization and how he flourished. i think he has a lot of people in the media that like him. i think if this were -- i hate to play my media bias card but as a republican caricatured much worse than he really is and i just don't see him having -- to stephanie's point, you cannot sort of borrow or live off of or be an heir to somebody else's organization. >> bush temporarily did it with reagan in '88 and didn't hold. >> nowadays you have to build and manage and own your own organization. >> i agree with that. there is no heir
the joe biden thing, we underestimate him. he's a sitting vice president. >> vice president of the united states. >> vice president of the united states. >> a secret weapon out there. >> it's a weird thing. >> he is very good on the -- people -- he gets caricatured. if you watch him in -- on the stump, he's very good at connecting. >> look. >> he is. he does make mistakes. >> you loved him. >> i disagree. >> you love to mock him. you...
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to the vice president and said, perhaps joe biden could help jump start things. that's where we are now. there was a lot of fatigue and weariness as the day went on the without a package for members to consider. there was a lot of back and forth, as you know, about different elements of a potential deal and what was angering one side or another. what we expected now is, barring some late night breakthrough which seems unlikely, we would hear from the senate tomorrow, late morning, get a sense where they are, if they're any further along, and then if there is a package, it would be revealed to each side, meaning the house and the senate, let members take a look at it, and gauge if they're ready to go and vote on it. it is the final day of the year tomorrow. and so the time could not be any shorter. and that's putting pressure on everyone involved. we just don't have a sense if there is optimism, but at least we're told they are still talking. chris? >> obviously, vice president biden has not been involved in these negotiations up until now. do we know why the whit
to the vice president and said, perhaps joe biden could help jump start things. that's where we are now. there was a lot of fatigue and weariness as the day went on the without a package for members to consider. there was a lot of back and forth, as you know, about different elements of a potential deal and what was angering one side or another. what we expected now is, barring some late night breakthrough which seems unlikely, we would hear from the senate tomorrow, late morning, get a sense...
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go biden. i like this. cinc is a network. >> king is an independent. >> that's what i'm going to be watching. >> do you see the ce,of the servetive movement? >> i think it's hard for jim demint -- it's like this aol time warner merger. it makes a lot of sense on paper. we'll be able to overcome some of the institutional challenges. it's something that's out in the -- the think tank worl. >> we'll have more from the gaggle coming up. plus, the six-year itch,it's a bedrock of conventional wisdom. or is it just a made-up thing? second term president, supposedly struggling in his midterm. we'll let you know whether you think it's real or simply a coincidence. but, first, our special trivia question. who was the first president and who is the most recent president to officially start a term on a sunday? the answer and more is coming up on the daily rundown. we'll be right back. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing.
go biden. i like this. cinc is a network. >> king is an independent. >> that's what i'm going to be watching. >> do you see the ce,of the servetive movement? >> i think it's hard for jim demint -- it's like this aol time warner merger. it makes a lot of sense on paper. we'll be able to overcome some of the institutional challenges. it's something that's out in the -- the think tank worl. >> we'll have more from the gaggle coming up. plus, the six-year itch,it's a...
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like biden said, you have to put us out in the culture and see who we are. if we're flawed it has nothing to do with our orientation. it's because we're human beings. >> as people know more gay people, as more people come out that tends to start to soften attitudes about gay rights. is there an extension as people are exposed through culture or tv that that also has that affect? >> absolutely. people come up to me like they know me because i appear on their television. >> they want you to bully them. >> say something mean to me. they think we're they're friends. we do befriend the people on our television. the creator of our show takes this seriously. that's why he has ever flavor of kid in the glee club. he wants every kid to have somebody they can point to and go that's me and look i'm being supported. i'm in place where people have my back and i get to raise my voice in song. >> i always felt like one of the things that i would always try to explain to people about what i learned from junior high and high school is that popularity doesn't buy you anything
like biden said, you have to put us out in the culture and see who we are. if we're flawed it has nothing to do with our orientation. it's because we're human beings. >> as people know more gay people, as more people come out that tends to start to soften attitudes about gay rights. is there an extension as people are exposed through culture or tv that that also has that affect? >> absolutely. people come up to me like they know me because i appear on their television. >> they...
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people call biden the mcconnell whisper around here. they are able to at least talk and get things done. they have been key players in the last negotiation. i have to tell you, dagen, the white house and the vice president office are not telling anything about the talks. harry reid seems to be on the sidelines right now. dagen: the idea of mitch mcconnell in the vice president whispering to one another in each other's ears, just, well, leaves me with no words. [ laughter ] i think i should end it there before i embarrass myself. >> that is okay. the horse whisperer, the mcconnell whisper -- dagen: the dog whisperer on yes, i understand. thank you very much. peter barnes, happy new year. twelve hours to go and no deal inside. david, your reaction to no action. >> it definitely looks really bad right now. as if we may go over the cliff. i, you know, other people on this network know more than i do on this. the markets do not seem to be freaking out right now. it seems like they are perfectly happy to watch us go into the new year. everybo
people call biden the mcconnell whisper around here. they are able to at least talk and get things done. they have been key players in the last negotiation. i have to tell you, dagen, the white house and the vice president office are not telling anything about the talks. harry reid seems to be on the sidelines right now. dagen: the idea of mitch mcconnell in the vice president whispering to one another in each other's ears, just, well, leaves me with no words. [ laughter ] i think i should end...
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that's another reason why some democrats thought biden maybe gave up too much ground. on the other hand, he put together a good deal in the senate. >> there have been complaints about the way the president negotiated, whether democrats gave up too much, but let's just all agree on one thing, perry, there's not a lot of love lost on either side and the divide is huge. so, is there anything that can be done? is there any indication that this new congress will be any different? >> no. i think some of the calculations from "washington post," only 15 members of the house of representatives, of the republicans, are in districts that president obama won. what that means is most of these house republicans are very accountable to more conservative members in their districts and not necessarily looking for bipartisanship. so, i think the next fight will be just as bloody as this one was. one thing to note in terms of looking at who won, who won and who lost, which is going on a lot in washington. republicans in the last 20 years have said we do not support raising taxes on anyon
that's another reason why some democrats thought biden maybe gave up too much ground. on the other hand, he put together a good deal in the senate. >> there have been complaints about the way the president negotiated, whether democrats gave up too much, but let's just all agree on one thing, perry, there's not a lot of love lost on either side and the divide is huge. so, is there anything that can be done? is there any indication that this new congress will be any different? >> no....
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on the democratic side, vice president biden, secretary of state, hillary clinton, bennett, jerry brown, elizabeth warren, and angus king who is an independent but will caucus with the democratics on the republican side. marco rubio, mike pence, jeb bush, and soon to be former senator from south carolina jim demint. joining me now, our end of the year gaggle, crystal lizza, perry bacon, stephanie cutter was the deputy campaign manager for obama's campaign, and madden was a senior adviser for romney's campaign. hello. happy new year, although we asked all of you to pick, i threw out my dozen and i asked you to pick two you were going to feedback. we're not going to do the 2016 conversation now, but we'll do it in a few minutes. who are the few who jumped out at you? >> i'm a little nierdy, so i picked michael bennet, the colorado senator, because he's the head of the committee which means he's tasked with trying to again keep a democratic senate majority, going to be difficult. you have 20 democratic seats up, only 10 republican seats up. >> and he wants to be senate majority leader some
on the democratic side, vice president biden, secretary of state, hillary clinton, bennett, jerry brown, elizabeth warren, and angus king who is an independent but will caucus with the democratics on the republican side. marco rubio, mike pence, jeb bush, and soon to be former senator from south carolina jim demint. joining me now, our end of the year gaggle, crystal lizza, perry bacon, stephanie cutter was the deputy campaign manager for obama's campaign, and madden was a senior adviser for...
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vice president biden who was instrumental in brokering the deal told reporters he is hopeful it gets through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two you surely can't predict how house is going to vote. >> reporter: the bill would extend tax couples for those earning under 400,000 dollars and prevent a big tax hike in a state valued at less than 5 million dollars and extend unemployment benefits for 2 million people. house will take up the bill and the hope is they can pass it before the economy is rocked by the tax hikes. >> i feel very, very good>> reporter: president obama called the vote the right thing to do for the country and encouraged the house to pass the bill right away. abc news, washington. >>> medicare reimbursement could take a hit if the fiscal cliff is not averted. reimbursements to doctors will be cut by nearly 30% beginning today because congress may have failed to make the adjustments for medicare payments. it could mean more doctors refewing to treat medicare patients. >>> 2013 will be remembe
vice president biden who was instrumental in brokering the deal told reporters he is hopeful it gets through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two you surely can't predict how house is going to vote. >> reporter: the bill would extend tax couples for those earning under 400,000 dollars and prevent a big tax hike in a state valued at less than 5 million dollars and extend unemployment benefits for 2 million...
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biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session, the washington times reports that the country technical felt that this will cut. there is still little bit of time. -- allen in fairfield, illinois, republican caller. all of let's get rid of congress, fire them, vote them out of office. host: why is that? caller: they are not doing them -- doing what we want them to. host: which is what? caller: to the deficit down, and do what we put them in there to do. host: how should that be done, alan? caller: i'm not sure about that. host: social security, medicare, medicaid? caller: they should be on the
biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session,...
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vice president joe biden negotiated the deal with senate republicans over the weekend. the agreement makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be the model for how we do things around here, but i think we can say we've done some good for the country. >> middle class families will wake up today to the assurance that their taxes won't go up $2,200 each. >> reporter: president obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the rise. lawmakers missed the january 1st deadline but the bill will be retroactive. many taxpayers across the nation are frustrated that lawmakers waited so long to act. >> the whole system is flawed. it's terrible that it takes this
vice president joe biden negotiated the deal with senate republicans over the weekend. the agreement makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be the model for how we do things around here, but i think we can say we've done some good for the country. >> middle class families will wake up today to the assurance that their...
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president obama, the vice president biden that will be there. speaker boehner they'll be in this meeting. to you here, chip -- not chip, sorry. to you here, blake, where do they begin? >> i think there's on this one way to get the deal done, and that's through the senate. probably highly unlikely, and then you would have to impress upon jane boehner, so i think we're looking at a very small likelihood we have any sort of significant deal other than a plan that lowers taxes. >> so you're somewhat pessimistic. what about you, robert? >> cautiously optimistic. he's exactly right. the only other thing i think could happen is in fancy pelosi, who quite franly has a stronger hand, is able to get enough democrats on her side to actually push this over the top with moderate republicans. let's be honest about this. speaker boehner tried and he nailed. so is there a minority/majority coalition to come together to get something through the house. >> does it come from mcconnell? >> that's the other question is whether or not senator mcconnell plays along. i
president obama, the vice president biden that will be there. speaker boehner they'll be in this meeting. to you here, chip -- not chip, sorry. to you here, blake, where do they begin? >> i think there's on this one way to get the deal done, and that's through the senate. probably highly unlikely, and then you would have to impress upon jane boehner, so i think we're looking at a very small likelihood we have any sort of significant deal other than a plan that lowers taxes. >> so...
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minority leader mitch mcconnell called the vice president joe biden to get involved and help in the negotiations. lawmakers say they are hopeful they will get a deal today but even if they do the fight won't be over for long. republicans will push for those reforms they gave up this time around early next year during the debt limit debate. back to you. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." nbc news white house correspondent has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the who economy can slow down. >> reporter: he called an lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans a major sticking points for republicans. >> the way they are behaving is that their only priority is making sure that tax breaks for the wealthies
minority leader mitch mcconnell called the vice president joe biden to get involved and help in the negotiations. lawmakers say they are hopeful they will get a deal today but even if they do the fight won't be over for long. republicans will push for those reforms they gave up this time around early next year during the debt limit debate. back to you. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with...
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. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again later today and we are talking about something small here if anything a continuation of the busheir raw tax cuts for most americans and renewal of long-term unemployment benefits. but payroll taxes will probably go up tomorrow for everyone. that's a big hit for paychecks and sec quest tore automatic cuts would take place. the markets investors are skiddish not knowing what's going to happen as a result of the midnight deadline. back to you guys. >> thank you very much doug luzader live from washington. we will check back with you. time for a look at who i
. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again...
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there was this classic shot of vice president biden making friends with a female biker in ohio. i love that one. and who can forget this one of romney posing at burrito restaurant. one employee sure looks surprised. this was the one heartwarming gabby giffords on the stage at the dnc. what a moment. and here's another classic. the picture of president obama posing with u.s. gymnast making the not-impressed-face. but the hour of "politics nation" family voted for this one the best. who can forget president obama getting a great big bear hug from a one-time republican pizza shop owner in florida. look at that. he says it's the best of the year. it shows how republicans can reach across the aisle. and shelly says i met the owner of the pizza shop. great guy. great pizza. we want to hear what you think, too. please head over to facebook and search "politics nation" and like us to join the conversation that keeps going long after the show ends. >>> just a short time ago, the president slammed congress for consistently taking us to the brink. >> the american people are watching what w
there was this classic shot of vice president biden making friends with a female biker in ohio. i love that one. and who can forget this one of romney posing at burrito restaurant. one employee sure looks surprised. this was the one heartwarming gabby giffords on the stage at the dnc. what a moment. and here's another classic. the picture of president obama posing with u.s. gymnast making the not-impressed-face. but the hour of "politics nation" family voted for this one the best. who...
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biden has his own commission regarding it, but there is a worry amongst some folks once time passes, once we get past the state of the union, this could fizzle out. knowing how much gun control has talked about -- >> not going to happen. >> why not? why is it going to stay a pertinent part of the conversation in the public going forward? >> i think the public has been shocked and their conscience has been put on the carpet here with this one, and the totality of newtown, aurora, tucson, a number of others, this just bizarre situation out of webster, new york, guy sets a fire, firefighters come and he basically tries to take target practice and picks off a number of them, killing two, injures another two, damaging other people's homes. i guess, you know, out of last week's bizarre press statement, it wasn't a press conference, i guess mr. lapierre would then say firefighters need to have armed guards go with them. i think it just shows that was a completely dumbass idea from the start, the announcement last week. we need to ban assault weapons. we need to ban the high-capacity clips a
biden has his own commission regarding it, but there is a worry amongst some folks once time passes, once we get past the state of the union, this could fizzle out. knowing how much gun control has talked about -- >> not going to happen. >> why not? why is it going to stay a pertinent part of the conversation in the public going forward? >> i think the public has been shocked and their conscience has been put on the carpet here with this one, and the totality of newtown,...
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two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiewealthi est americans. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while
two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for...
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there were questions after paul ryan's debate performance against joe biden of whether he was really ready to step on the stage and be the number two. and i think a lot of people who were thinking about maybe going with romney, not only were they uncomfortable with how far to the right he was, how extreme his positions on social security and medicare, but they also just felt like he was not quite ready for prime time. so i think it was a very bad strategic move for them. >> steve, the worst move? >> let me come at it from a slightly different angle. >> you always do. you don't have to preface that. >> from the standpoint of voters who -- you know, i think to make an informed choice, what do you have? you have the debates, we had jim lehrer as the moderator, for the 96th time. he moderated the first debate, the designated domestic policy debate. you could have climate change or gay marriage or birth control. all of this stuff. all of that was ignored, we talked about simpson bowles, the deficit reduction and affordable care act. >> with no explanation of what they were for the average
there were questions after paul ryan's debate performance against joe biden of whether he was really ready to step on the stage and be the number two. and i think a lot of people who were thinking about maybe going with romney, not only were they uncomfortable with how far to the right he was, how extreme his positions on social security and medicare, but they also just felt like he was not quite ready for prime time. so i think it was a very bad strategic move for them. >> steve, the...
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no, no, no, joe biden was asked a question and answered with a moral legitimate move, a truthfulness that had these remarkable effects that it pushed the president to come clean about his personal evolution, i think that personally made a difference in the campaign. >> my visual on the campaign, we actually had a visual assist on this. "the washington post" said that obama and his allies spent far less than mitt romney, but got far more in key markets, targeting key democratic groups such as the young working voters in spring states. i think what they did, knowing why they were going, something we never saw before. the worst move of the 2012 campaign? >> i got two things on this. one is, i think my answer is choosing paul ryan to be the vice presidential nominee. just because a, it never gave him the list that anything thought it would be. he effectively neutered mitt romney, whether it was the stuff with todd aken, or the ryan budget, nowhere to run away from it. >> alex and i were on the same wavelength, picking paul ryan, not only for those reasons, but mitt romney went on to lose
no, no, no, joe biden was asked a question and answered with a moral legitimate move, a truthfulness that had these remarkable effects that it pushed the president to come clean about his personal evolution, i think that personally made a difference in the campaign. >> my visual on the campaign, we actually had a visual assist on this. "the washington post" said that obama and his allies spent far less than mitt romney, but got far more in key markets, targeting key democratic...
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vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin with. significant distance between the two sides, but negotiations continue. >> the consequences of this are too hot for the american people to be engaged, in a political messaging campaign. i'm interested in getting a result here. >> we followed th
vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal....
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knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football before he got into the end zone. when the president had obnoxious pep rally before the agreement was reached. joe biden stepped in. he spent many decades in the chamber. he has personal relationship with mitch mcconnell. depends how you view the deal. if you think mcconnell did the right thing he
knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he...
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in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would pass. the problem for him it would probably pass with mostly democrat vote, but i think it could get through the senate. that's the only scenario i see by which we avoid going over the cliff. >> wait a minute. >> at least temporarily. >> wait a minute, jared. john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an
in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would...
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biden said: me. it's interesting, the senators, the democrats all got together late yesterday, and joe biden went in, and his pitch to the liberals, particularly liberal liberals was -- quote -- "this is joe biden, and i'm your buddy." he was saying this is the best deal you're going to get. you guys got to go for it, and a majority of the democrats did. >> the little smirks and all that, but the fact is he went in there superseding harry reid who wasn't getting anything done. at least something happened. people wanted to see some sort of action. they wanted to know their congressmen who went home for the break would actually do something. >> here's mitch mcconnell on how this thing went together. he doesn't like the way it happened either but it's still done. >> shouldn't have taken us this long to come to an agreement, and this shouldn't be the model for how we do things around here. i know i can speak for my entire conference when i say we don't think taxes should be going up on anyone, but we all
biden said: me. it's interesting, the senators, the democrats all got together late yesterday, and joe biden went in, and his pitch to the liberals, particularly liberal liberals was -- quote -- "this is joe biden, and i'm your buddy." he was saying this is the best deal you're going to get. you guys got to go for it, and a majority of the democrats did. >> the little smirks and all that, but the fact is he went in there superseding harry reid who wasn't getting anything done....
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vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for having me. >> sheila brought up a name we haven't talked about, vice president joe biden instrumental and the smile on his face as he was walking around capitol hill, he's like i am in the middle of this, i'm in both feet, happy man. >> because last week the sniping between harry reid and mitch mcconnell was pretty dramatic and many points downright unhelpful, and to somehow see joe biden go in there and i don't know what he did. look at that smile. i don't want fairy dust he's sprinkled all over the place but it helped. >> every minute he's spent in the senate
vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for...